Aqua Metals raises $13M through registered direct offering

* Aqua Metals (NASDAQ:AQMS [https://seekingalpha.com/symbol/AQMS]) on Wednesday said has raised $13 million in gross proceeds through a registered direct offering priced at-the-market for the purchase and sale of a total of 1.13M shares of common stock and/or prefunded warrants to purchase shares of common stock at a purchase price of $11.34 per share/prefunded warrant.
* In a concurrent private placement, the company also issued unregistered warrants to purchase up to 1.13M shares of common stock at an exercise price of $11.34 per share which are immediately exercisable for a period of five years following the date of issuance.
* The offering is expected to close on Thursday, October 16, 2025.
* The gross proceeds to the company from the offering were approximately $13 million.
* The company intends to use the net proceeds from the offering for working capital and general corporate purposes.
* AQMS -24.37% premarket to $22.4.
* Source: Press Release [https://seekingalpha.com/pr/20267056-aqua-metals-raises-13-million-from-leading-institutional-investor-to-accelerate]

MORE ON AQUA METALS

* Aqua Metals advances scalable ARC facility design and cost competitiveness as company eliminates debt [https://seekingalpha.com/news/4485081-aqua-metals-advances-scalable-arc-facility-design-and-cost-competitiveness-as-company]
* Seeking Alpha’s Quant Rating on Aqua Metals [https://seekingalpha.com/symbol/AQMS/ratings/quant-ratings]
* Financial information for Aqua Metals [https://seekingalpha.com/symbol/AQMS/income-statement]